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Korea JoongAng Daily on MSNTrump administration announces one-month tariff exemption on cars coming through UsmcaU.S. President Donald Trump has decided to give a one-month tariff exemption on vehicles coming into the United States through a trade agreement between the United States, Mexico and Canada, the White House spokesperson said Wednesday.
President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, White House press secretary Karoline Leavitt said on Wednesday. The announcement comes after Mr.
President Trump said Thursday he is delaying for roughly one month tariffs on Mexican imports that are covered under a North American trade agreement signed during his first term. Trump posted on
President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week.
Trump signs executive orders delaying USMCA tariffs on products from Mexico and Canada for nearly one month. Newsweek's live blog is closed.
U.S. automakers are getting a one-month exemption from the Trump administration’s tariffs that went into effect Tuesday.
The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.
President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement,
The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.
The exemption, for now, halts trade barriers that would be disastrous for an industry that has become highly integrated across North America.
The White House announced on Wednesday, after President Trump met with the leaders of General Motors, Ford Motor, and Stellantis, that
US President Donald Trump announced Thursday a one-month pause, until Apr. 2, on the 25% tariffs against Canada on goods covered by the USMCA.
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